Vietnam commits to facilitating Australian investment: PM

PM Nguyen Xuan Phuc meets with representatives from Australia’s leading enterprises in Sydney, on March 17. (Photo: VGP)

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NDO/VNA – The Vietnamese Government pledges to maintain a stable macro environment, continue improving the quality of its institutions and State government, and boost the rule of law for foreign businesses, especially those from Australia, to land investment and expand their operations in Vietnam, said Prime Minister Nguyen Xuan Phuc.

In a meeting with Australia’s leading enterprises in the finance, banking, agriculture and construction sectors in Sydney on March 17, during his official visit to Australia, PM Phuc expressed his hope that more Australian investors would be interested in Vietnamese seafood imports, as Vietnam holds huge potential in this sector.

Representatives from the Australian groups lauded Vietnam’s efforts in improving its business climate and investment promotion, as well as promoting connections between enterprises from the two countries in order to bolster their bilateral collaboration.

The same day, PM Phuc hosted a reception for Rohan Garnett, Executive Manager at Qantas Airways - the national flag carrier of Australia, in which he congratulated Qantas Airway on its success in regional and international markets, including Vietnam.

He highlighted that the establishment of the strategic partnership will serve as a boost to enhance the cooperation between the two countries. To that end, he asked Qantas Airways to further its collaboration with Vietnamese airlines in improving flight safety and reducing costs.